Restaurant for sale

26 Nottingham Road, Eastwood, NG16 3NQ

Guide Price* 113 sq. m. | £170,000

Property Description

Commercial information

  • 1,226 sq ft (113 sq m)

Key features

  • Popular Location
  • Established Business
  • Three Bedroom Residential Accommodation

Full description

Tenure: Freehold

FOR SALE BY AUCTION to be held at The Leicester Marriott Hotel, Smith Way, Grove Park, Enderby Leicester LE19 1SW. Starting Bid 170,000. Reservation fee to be paid by the successful bidder.

The subject property was most recently trading as 'Bombay Spice' on the busy Nottingham Road within Eastwood, Nottingham. The two storey property has been successfully trading for a number of years. The property benefits from first floor residential accommodation which consists of a lounge, kitchen, two bedrooms and one bathroom to the first floor and a third bedroom with en suite to the second floor.

The property is to be sold with vacant possession.

LOCATION
The subject property is located on Nottingham Road in the Eastwood borough of Nottingham, located around 10 miles from the city centre. Nottingham Road is the main street leading through Eastwood with neighbouring businesses including Barclays, Natwest, Your Move and Reeds Rains.

ACCOMMODATION
Total GIA: 113.98m2 (1,226.9sq. ft)

TENURE
Freehold. Title number NT383158.

RATEABLE VALUE
The adopted rateable value is 6,300 as effective from 01 APRIL 2010.

EPC
We currently await a copy of the Energy Performance Certificate.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.

AUCTION INFORMATION
The subject property is sold under the buyer premium section of the auction; this means a successful buyer shall pay a premium of 5% against the final agreed purchase price plus VAT, subject to a minimum fee of 5,000 pounds plus VAT, to Keith Pattinson Ltd on acceptance of an offer. THIS FEE IS NON REFUNDABLE.

This commercial property/site is also unconditional; this means that a successful bidder upon acceptance of an offer must pay the buyer premium plus VAT to Keith Pattinson Ltd, and is also required to exchange contracts on the day together with the submission of a 5% deposit against the purchase price. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. This means any interested parties wishing to make an offer on a property/site must be in funds for both the buyer premium and the deposit, both to be placed with and held by Keith Pattinson Ltd.

Nearest stations

  • Langley Mill (1.0 mi)
  • Phoenix Park (4.6 mi)
  • Bulwell (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Langley Mill (1.0 mi)
  • Phoenix Park (4.6 mi)
  • Bulwell (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2637. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinson Estate Agents, Commercial on 0191 2324392.


Map data OpenStreetMap contributors.